The Sumitomo Spirit/ Sumitomo Riko Group Management Philosophy
Sumitomo's business has been conducted based on the "Monjuin Shiigaki," the business principles written by Masatomo Sumitomo, the founder of the Sumitomo family about 400 years ago, and the spiritual basis of the "Sumitomo Spirit," which has been deepened and developed by Sumitomo's predecessors over many generations.
Monjuin Shiigaki
It goes without saying that business is important, and one must be mindful, careful and prudent in everything one does. One shouldn’t be careless in anything one does. (Banji-nissei)
Business Principles
- Article 1.
- Sumitomo shall achieve prosperity based on a solid foundation by placing prime importance on integrity and sound management in the conduct of its business. (Shinyo-kakujitsu)
- Article 2.
- Sumitomo's business interests must always be in harmony with the public interest. Sumitomo shall adapt to good times and bad times but will not pursue immoral business. (Fusu-furi)
The Sumitomo Spirit
Banji-nissei
First of all, as a human being, one should be a person who does everything with sincerity and integrity in everything they do.
Shinyo-kakujitsu
Above all, we value trust.
In other words, to always live up to the trust of others.
Fusu-furi
Always seek alignment with the public interest,
And pursue the highest interest.
Do not act rashly or carelessly.
The Sumitomo Spirit is the fundamental spirit of our Group's business management and the basis for all our employees' decisions in all business operations.
Our Group places the Sumitomo Spirit at the center of our human resources development. We provide training for all our employees using the video "Our Sumitomo Spirit" to encourage a deep understanding of the philosophy, and we try to put it into practical operations.
Related information
Sumitomo Riko Group Management Philosophy
In light of the Sumitomo Spirit, all of us at the Sumitomo Riko Group will:
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Provide superior products and services to meet customer needs based on technological innovation.
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Place top priority on safety, in which we focus on ensuring the safety of people and society.
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Strive to protect the global environment, and to contribute to creating better communities.
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Maintain a high standard of corporate ethics by observing all laws and regulations to earn public trust and confidence worldwide.
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Foster an invigorating corporate culture that respects our employees' diversity, personal qualities, and individuality.
Based on the "Sumitomo Spirit," we are committed to solving social issues, as exemplified by the SDGs, through technological innovation. By simultaneously enhancing corporate values and public values, we aim to create social value and grow sustainably together with society.
Based on these principles, we have formulated our long-term vision, the "2029 Sumitomo Riko Group Vision”.
We recognize that meeting the expectations of all stakeholders and fulfilling our social responsibilities will enhance our social value, and we will promote our corporate activities accordingly.